Economy & Market

Dalmia Bharat Group plans investment in Odisha

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Dalmia Bharat Group plans to spend US$293m towards increasing its production capacity in Odisha. The cement producer has joined the ?Make in Odisha Conclave,? It has a production capacity of 5.5Mt/yr from two plants in the state. Mahendra Singhi, Group chief executive officer of Dalmia Bharat Group, said that Odisha?s gross domestic product (GDP) is expected to grow by 12 per cent by 2020.

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